“Right now there’s a big debate within the technology community over the role of the password going forward in consumer and industry technologies,” said Weber.

There is a new push for two-factor authentication (2FA), which industry experts believe can substantially reduce the significance of having a password. 2FA has two levels of security that verify the identity of the user.

“It’s definitely the best way to go – the cost [to upgrade] is slightly marginal compared to the benefit you’re going to get out of it,” said Weber. More

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Technology will continue to disrupt industries in 2019; the banking sector being one of them. Once the domain of financial technology (fintech) startups, innovative traits and practices disrupting the financial sector are now being widely adopted in the banking sector. Here are the 5 ways in which technology will change banking in 2019. Competition in… Read more »